Presentation by Mr Martin LARCH on "Fiscal Policy in the Economic and Monetary Union: Past achievements and new challenges"

Mr Martin LARCH is Head of Secretariat at the European Fiscal Board since March 2017. He has an extensive experience in EU macro-economics. Between 2011 and 2017, he was head of Unit at the Directorate-General for Economic and Financial Affairs. Between 2008 and 2011, Mr LARCH functioned as an advisor at the European Commission's Bureau of European Policy Advisors (BEPA).
Mr LARCH holds a PhD in economics from the University of Vienna on a topic of a crucial importance, namely, the assessment of the effectiveness of budget consolidation efforts.

His presentation on "Fiscal Policy in the Economic and Monetary Union: Past achievements and new challenges" will address the following issues:

1. EU economic governance

•    What does it look like today?
•    What did it look like in the past?
•    What does it look like in the US?
•    Why do we need a governance framework?
•    Why do we give up national currencies?

2. Fiscal Policy in the EMU

•    Why tying governments’ hands?
•    What is the Stability and Growth Pact?
•    Has the Pact worked?
•    Main stages in the evolution of the Pact?

3. Main challenges for the future

•    Fiscal policy the only game in town?
•    Is there enough fiscal space in Member States?
•    Is there new fiscal space at the EU level?
•    Can fiscal policy live up to expectations?
 

This event is open only to College of Europe students and staff.  Please register using the form below.

Contact person: eva.vandevoorde [at] coleurope.eu (Eva VANDE VOORDE)